Just to share something with someone who is investing in the housing market.! B. k% g0 U* Q- ~; j1 @* ^* [' K
Bought another condo and rent it with $1300/month. Condo fee + K9 ~) G( d. ?and loan interest (3 years prime-0.85) total $1100/month. Not too bad.9 _, t8 i5 `1 s3 r+ }
Also bought a new luxury apartment in China last month with $150,000.9 L1 e4 `6 H8 k$ R4 r7 A
That unit worths $160,000 this month.3 U% R8 }. A7 p. Q1 r; j- ^3 x# {9 f
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.$ S$ g- k4 P q( E& F6 r# k
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.) p% c" ~* |) i4 ]! f
Well, it is still the highest ever for my currency exchange history.